To enable strategic foresight and informed decision-making, more and more businesses are establishing internal geopolitical risk functions. Conceptually, the value proposition of an internal geopolitical risk capability is straightforward. By building an in-house team, businesses can develop institutional expertise and generate proprietary insights into the issues and geographies that matter most.
Yet how should this capability function, and how can an in-house team transition from "a good idea" to a reliable, integrated provider of actionable insights? Three fundamental rules should guide any effort to establish (or enhance) an in-house geopolitical risk function....
